Overview
What is Grace Housing Nonprofit Corporation?
Grace Housing Nonprofit Corporation, situated in Wayland, Michigan, is a dedicated organization that focuses on providing supportive housing for individuals with disabilities. With a team of 15 employees, they ensure the proper care and custody of property, manage finances, and transact business to facilitate the administration of facilities essential for offering housing to those with disabilities. Their primary mission involves offering supportive housing, demonstrating a strong commitment to enhancing the quality of life for this specific population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Grace Housing Nonprofit Corporation has earned a Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score is derived solely from the accountability and finance beacon, where it achieved a commendable score of 80%. This rating highlights the organization’s financial health, transparency, and effective governance practices.
The nonprofit stands out for its governance structure, featuring a board that consists entirely of independent members, which is a crucial factor for maintaining objectivity in decision-making. The organization has also demonstrated strong fiscal responsibility, evidenced by its low liabilities to assets ratio of 0.32% and a high program expense ratio of 96.87%. These figures indicate that the vast majority of its funds are directed towards its programs rather than administrative costs.
Despite its strengths, the rating is solely based on financial accountability, and no additional information is provided regarding programmatic effectiveness or impact outcomes. While the financial metrics are impressive, potential supporters may want to seek further details about the organization's activities and achievements beyond the numbers to gain a full understanding of its mission and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Grace Housing Nonprofit Corporation legitimate?
Grace Housing Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Housing Nonprofit Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $178,889
For more financial information, click here
What is the mission statement of Grace Housing Nonprofit Corporation?
Grace Housing Nonprofit Corporation's mission is centered around providing supportive housing for individuals with disabilities. In pursuit of this goal, they engage in various business activities, including the management of finances, property, and other necessary tasks to ensure the operation of facilities that cater to individuals with disabilities. Their primary focus is on offering a housing environment that supports the needs of these individuals.
Who is the CEO of Grace Housing Nonprofit Corporation?
Robert Deppe is the President of Grace Housing Nonprofit Corporation.
What is the revenue of Grace Housing Nonprofit Corporation?
Grace Housing Nonprofit Corporation's revenue in 2022 was $965,708.
Who are the executives of Grace Housing Nonprofit Corporation and what are their salaries?
The average compensation at Grace Housing Nonprofit Corporation during 2022 was $11,926. There are 15 employees and 45 volunteers at Grace Housing Nonprofit Corporation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Grace Housing Nonprofit Corporation?
Grace Housing Nonprofit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Grace Housing Nonprofit Corporation
Grace Housing Nonprofit Corporation is dedicated to providing supportive housing for individuals with disabilities. Their mission encompasses more than just offering a place to live; it involves managing various business operations to effectively cater to the housing needs of these individuals. This includes handling financial transactions, overseeing property maintenance, and managing other essential tasks related to the administration of facilities designed to accommodate persons with disabilities. In essence, Grace Housing Nonprofit Corporation's mission is to create a safe and supportive living environment for individuals with disabilities, ensuring that their needs are met in a holistic manner.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Grace Housing Nonprofit Corporation's impact is significant in providing crucial supportive housing for persons with disabilities in Wayland, MI. By offering a safe and suitable living environment for individuals with disabilities, they are ensuring that this vulnerable population has access to the necessary support and resources to lead fulfilling lives. Their mission to provide supportive housing for persons with disabilities is essential in promoting independence and inclusion within the community. Through their dedicated efforts, Grace Housing is making a positive difference in the lives of those they serve, fulfilling a vital need in society.
This information is meant to be a general summary of Grace Housing Nonprofit Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $66,375
- Gross Receipts: $965,708
Assets and Liabilities:
- Total Assets: $998,672
- Total Liabilities: $8,213
- Net Assets: $990,459
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$58,896
Organization Details
Founding Year
2019
Phone
(269) 929-1700Principal Officer
Robert Deppe
Main Address
2725 1ST ST, WAYLAND, MI, 49348
NTEE Category
Code: L40 - Housing
If you are a representative of Grace Housing Nonprofit Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.